Not the same sort of thing. Bose's "magic carpet" suspension used linear electromagnetic drivers and sensors to move the suspension to compensate for the road conditions detected. They took speaker drivers on steroids and did noise cancellation on bumps and dips in the road.

Magneride and similar use an electromagnetic coil to adjust dampening by acting on a ferrofluid, which changes how hard or soft the suspension is. You want a stiff "sport" suspension, fluid is high viscosity and harder to move. You want a soft "comfort" suspension, the fluid is lower viscosity and moves easily.